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Home Prices Still Trending Up

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(Photo by Ethan Miller/Getty Images)

(Photo by Ethan Miller/Getty Images)

tate south Tate South
Email Tate at tate.south@cbsradio.com
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(Irvine, CA) — Home prices nationwide, including distressed sales, increased 11.9 percent on a year-over-year basis in June, according to the CoreLogic Home Price Index.

It’s the 16th consecutive month of increases.

In the Las Vegas area, increased by 26.0 percent in June compared to June 2012. On a month-over-month basis, home prices, including distressed sales, increased by 2.7 percent in June compared to the previous month.

Excluding distressed sales, the five states with the highest home price appreciation were: Nevada (23.6 percent), California (18.7 percent), Arizona (14.1 percent), Utah (13.8 percent) and Florida (12.7 percent).

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